Odd Burger (FRA:IA9) Current Ratio: 0.24 (As of Jun. 2025)

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What is Odd Burger Current Ratio?

Odd Burger FRA:IA9 Current Ratio is 0.24 as of Jun. 2025. Among 362 Restaurants companies, Odd Burger ranks worse than 93.65% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Odd Burger's current ratio for the quarter that ended in Jun. 2025 was 0.24.

Odd Burger has a current ratio of 0.24. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Odd Burger has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Odd Burger's Current Ratio or its related term are showing as below:

FRA:IA9's Current Ratio is not ranked *
in the Restaurants industry.
Industry Median: 1.005
* Ranked among companies with meaningful Current Ratio only.

Odd Burger  (FRA:IA9) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Odd Burger Current Ratio Related Terms


Odd Burger Current Ratio Historical Data

* Premium members only.

The historical data trend for Odd Burger's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Odd Burger Current Ratio Chart

Odd Burger Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Current Ratio
0.15 1.71 0.52 0.28 0.11

Odd Burger Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.11 0.15 0.23 0.24

FRA:IA9 vs FATAQ, KITL, CHSN: Current Ratio Comparison

For the Restaurants subindustry, Odd Burger's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Odd Burger Current Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Odd Burger's Current Ratio distribution charts can be found below:

* The bar in red indicates where Odd Burger's Current Ratio falls into.



Odd Burger Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Odd Burger's Current Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Current Ratio (A: Sep. 2024 )=Total Current Assets (A: Sep. 2024 )/Total Current Liabilities (A: Sep. 2024 )
=0.351/3.106
=0.11

Odd Burger's Current Ratio for the quarter that ended in Jun. 2025 is calculated as

Current Ratio (Q: Jun. 2025 )=Total Current Assets (Q: Jun. 2025 )/Total Current Liabilities (Q: Jun. 2025 )
=0.664/2.782
=0.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.24 mean?
Odd Burger (FRA:IA9) has a Current Ratio of 0.24 as of Jun. 2025. According to the industry distribution chart, Odd Burger ranks #339 out of 362 companies in the Restaurants industry, placing it in the top 93.6%.
Is Odd Burger's Current Ratio too high?
Odd Burger's current Current Ratio is 0.24. The Restaurants industry median Current Ratio is 1.01. Odd Burger's value of 0.24 is 76.1% below this industry median. Based on the distribution chart, Odd Burger ranks #339 out of 362 companies in the Restaurants industry, which is in the bottom quartile relative to peers.
How does Odd Burger's Current Ratio compare to FATAQ and KITL?
According to the Restaurants industry distribution chart, Odd Burger ranks #339 out of 362 companies for Current Ratio. This places Odd Burger in the lower half of its industry. The industry median Current Ratio is 1.01. Odd Burger's value of 0.24 is 76.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Restaurants company?
The median Current Ratio among Restaurants companies is 1.01, based on 362 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Odd Burger's current Current Ratio of 0.24 is 76.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Restaurants industry, the median Current Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odd Burger's current Current Ratio is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odd Burger stock overvalued right now?
Odd Burger (FRA:IA9) has a current Current Ratio of 0.24. The current Current Ratio is 0.24 and 76.1% below the Restaurants industry median of 1.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Odd Burger (FRA:IA9), the current Current Ratio is 0.24 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Odd Burger Business Description

Other Exchanges ODDAF:USA
Address 505 Consortium Court, London, ON, CAN, N6E 2S8
Odd Burger Corp is a plant based food technology company that manufactures and distributes plant-based protein and dairy alternatives using locally sourced and sustainable ingredients. It distributes its products through a proprietary food service line to company-owned and franchised fast-food restaurant locations. Its restaurant locations operate as smart kitchens, which uses local cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. The company operates a manufacturing facility and has restaurant locations in Canada.